Posts Tagged as Artificial Intelligence

Imagine going forward in time 10 years. What will ERP 2028 be like? When I was much younger, the idea of a door automatically opening was confined to TV with the likes of Star Trek. I can remember my first ever personal calculator (the Sinclair Cambridge) which could only add, subtract, divide and multiply. In…

Few would argue that Artificial Intelligence (AI) is the industry’s current hot topic. And why shouldn’t it be? AI’s potential is huge, but I’ve never seen a technology trend get hyped so much despite so many people failing to understand what it truly is, how it works, what’s possible today, what’s not and the impact…

2017 saw another positive year in commercial aviation with a surge in air passenger numbers and new aircraft orders as well as reports of being the safest year in commercial aviation history. Yet despite these positives, airlines continue to strive for improvement in the costly area of maintenance, where airlines spend more money than on…

The financial area is heavily impacted by new technology at the moment. Balancing trust, swift transactions and increased transparency is prioritized. To achieve this, technologies such as Blockchain, robotic automation and holistic reporting will play key roles, predicts Steve Treagust, Global Industry Director for Finance, HR and Strategy at IFS. Trend #1 Japan and South…

With an explosive growth in new technologies to gather and use data to optimize service delivery, this will be at the heart of driving the service industry in 2018. IoT in combination with digital twins, AI-powered service organizations and equipping users to service their own assets are key trends impacting the service industry, predicts Mark…

Renewables, smart homes, artificial intelligence (AI) and the Internet of Things (IoT) will have a massive impact on how energy companies need to address the market in 2018, predicts Colin Beaney, IFS’s Global Industry Director for Energy & Utilities. Trend #1 Renewables hot up—global capacity will double over the next 10 years Every year we’re…

Having a young technology-aware workforce and having someone responsible for managing digital transformation is critical to be a winner in the future. Organizations involved in building and maintaining assets are starting to go through the biggest technological transformation they have ever seen. The changes brought on by this transformation are going to transform the industry…

You have seen the Hollywood interpretations of artificial intelligence (AI). But what about AI in the real world? What about automating some of the decisions that we do manually in our businesses today? Or what about using AI to provide a better alternative to rule based processing which we use so much of in our business applications?